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September 2012

Lead Feature

Company News

Materials News

Machinery News

Injection Moulding

Rubber Journal Asia

E-Magazine for the Rubber Industry
Top Glove Top Glove expands its capacity

Malaysia's leading global supplier of gloves is expanding its capacity through creating a total of 22 glove factories across the country to achieve its goal of getting 30% of the global market share by 2015, Top Glove's Founder and Chairman, Tan Sri Lim Wee Chai told PRA in a recent interview.

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Electronic Issue

September-October 2012 Issue Still Available!

Auxiliary and automation equipment company Azo is enjoying a healthy growth of its Mixomat mixer in Asia

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BASF closing EPS plants in Malaysia and India

Citing overcapacity and low margins in the EPS market, German chemical firm BASF is closing down its Styropor EPS plants in Pasir Gudang, Malaysia, and Thane, India. The combined EPS capacity of the two plants is more than 100,000 tonnes/year.

The firm says these measures are part of its global strategy “to foster value-oriented growth and to ensure that the firm remains competitive in markets where it adds long-term value both to its customers’ businesses and to BASF.”

In South America, in Brazil and Argentina, also the company is looking to divest its EPS operations. For the Styropor business in Chile the strategic evaluation is still underway. The Styropor business in South America has around 80 employees and an annual production capacity of 83,500 tonnes.

BASF will seek solutions for the 55 employees, who are affected by the shut-down of the EPS plant in Thane. In April 2012, BASF announced an investment of INR 1000 crores to set up an integrated chemical manufacturing hub at Dahej, Gujarat, which will house production facilities for polyurethanes, care chemicals and polymer dispersions.